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. it is very close to home. >> students in the area had back to school on tuesday except for sandy hook elementary school students. monday the supplies of for the school or move to a nearby town where sandy hook students will eventually return to class. >> we need to reach out with love. that is what our community is doing, putting our arms around people. that is still hard to discover why the 20 year-old student >> we know as investigators that the people want to know what happened, why did this happen? we will make it crystal clear picture as was as much as we possibly can. >> the atf is 0 in an on gun ranges author of this area. investigators now know that the shooter used to attend the target practice. >> we are learning about the shooter adam lanza. he had aspergers syndrome. we learn that adam lanza may have tried to buy a gun at six sporting goods last week. officers say he was unsuccessful and that attempts and that the employees had been interviewed by police. the chain has pulled several semiautomatic rifles from its shelves nationwide. >> citizens in los gatos even more deter
of silence in connecticut. today marks one week since a gunman walked into sandy hook elementary and opened fire, 20 students were killed, six adults died. connecticut governor malloy is asking the entire nation to join his state in the moment of silence to honor those victims. church bells will ring 26 times. >>> since last friday the sandy hook community and the entire nation has been coping with the tragedy back-to-back funerals have been taking place all this week in connecticut. latest services took place yesterday for benjamin and jesse, both were 6-years-old. more services are scheduled for today and tomorrow. >>> abc news will air a will stream it live on abc7news.com. >>> new this morning, president obama responding to an online petitionzwp)éhlling fr stricter gun laws in the wake of the school tragedy in connecticut. here's a portion of his comments moved to the white house website, just after 3:00 this morning. >> the president: i will do everything in my power as president to advance these efforts. because if there is even one thing we can do as a country  our children, we hav
concert to benefit the victims of hurricane sandy. good morning. i'm bill karins, this is "way too early." the show that must have been left off the guest list for the concert. thanks for being up with us this morning. we have a lot of news to talk about on this thursday, december 13th, including a new nbc/"wall street journal" poll on the cliff negotiations that doesn't bode well for the republicans. plus, babs sits down with the most interesting people of 2012, two of which could be the most interesting people in 2016, hillary and christie. we'll show you what they said in a moment. but first, before we get to the news live here at 5:31 a.m. in new york city sh as promised, i won't be uses this highly overused phrase with the initials f.c. yesterday. i asked for your best alternatives. you delivered. some, hysterically creative, others disturbingly crude. here are our runner up finalists. larry, thanks. budg budgetary boondoing will and double down nosedive and jason, money boo boo. and finally, linda with congressional cluster fudge. linda, sweet, sweet linda. what are we going
to homes and businesses. so why is the sandy spending bill send lots of money to d.c.? a look what is in the $60 billion bill for hurricane sandy. liz: money to d.c. but it hit new jersey and new york. come on people. david: there you go. liz: how is this for an alternative investment? the judy garland show. rights to all the episodes. 26 are up for auctions online. how much are they expected to fetch? what is the earning potential here? we've got the man selling them. do you want in? remember what it did for elvis >> just about 42 after the hour. i'm arthel neville. this is update on breaking news story out of newtown, connecticut, where 26 people including 20 children are dead in one of the worst mass murders in our nation's history. president obama deliver ad statement last hour saying the u.s. has been through shootings like this too many times and meaningful action will have to be taken regardless of politics. the president also ordered the u.s. flag be flown at half-staff at all public buildings and grounds including the white house in honor of the victims. sources have ident
recovering from devastation caused by superstorm sandy. >> i think the most likely explanation here is sandy's impact was significant but was so short-lived that it didn't extend to the sample period of the employment report which was the week that covered november 12. >> reporter: hiring was also supposed to be weak due to worries about the fiscal cliff. with $600 billion in automatic tax hikes and government spending cuts set to start next yer, why aren't more firms postponing hiring decisions? >> what we're hearing from businesses is that it is really hard to actually pull back hiring right now, because they've already fired so many workers, gotten so lean that it's really difficult. >> reporter: but not all the surprises in the report were good. at 7.7%, the unemployment rate hit its lowest level since december 2008. but that was mostly due to people giving up their search for work. and there's another disappointing trend, weak wage growth. >> what we are not seeing is strong income generation. the slowing in wage gains-- the weak bargaining power of labor comes across in this report and
a total bust. courtesy of sandy, incredibly warm weather and, of course, the fear engendered by the serious issue that is the fiscal cliff. i see that weakness and i'm not crazy about these stocks, in general. but i think that the conclusion of the housing crisis is upon us. which means there will be more money going to building and fixing up homes in 2013 than there was in 2012. so that means there will be up comparisons, and that's good. there will be sure to buy housing-related play into the fiscal cliff jump if we get one next week. oh, and i'm including banks. they've really taken off here, too. in large part that is because the housing crisis is over. how about the rest of the world's growth? not that long ago we heard very smart short sellers write off both china and europe it was on a year ago that italy and greece would be following in disaster. of course, they subsequently turned out to be the single best places to invest for fixed income in the world. not only did the sky not fall, but you had to do some serious buying to keep up with the others around the world. w
last week's shooting. >> classes' will resume today or new town schools except those at sandy hook elementary. >> we're expecting more fuel services to be held today. >> renee marsh live from new town with more on how the people there are coping. >> there the next two to be very today. >> the morning continues in new town conn. today to more little bit as will be laid to rest. >> on monday more said a final goodbye to six your old jack pinto. >> as hard as any parent would take it. losing a first grader. >> a. large crowd showed up to say goodbye to secure old noah pozner. >> students in the area head back to school except for sandy hook elementary students. >> monday, supplies and equipment were moved to a neighboring town where sandy hook students will eventually turn to class. >> we need to lead with love. >> that is what i am seeing our community do. >> it is unknown why the 20 year-old gunman opened fire at the elementary school. police are interviewing witnesses answers for every evidence. >> we know as investigators the people of new town want to know what happened. we are g
of those killed at sandy hook elementary. yes as a part in an emotional memorial service for the victims last night. >> is yesterday his role for the committee here was comfort in chief for those who lost their family members inside sandy hook elementary school on friday. the nation continues to more lives lost in the connecticut school shooting. today the first filling will be funeral will be held for a six year-old jack cancer. on sunday more than 2000 people can call for a memorial service to remember the 26 lives cut short after authorities say 20 year-old adam lands of shot his way into sandy hook elementary and opened fire. >> we offer you our tears in our pain. our anger and our sorrow. >> president obama traveled to town where he met with the families and spoke at the service. >> what ever portion of sadness that we could share with you to these this heavy load we will gladly bear. >> the president raised a community for pulling together and said " more needs to be done to protect our children. >> to end this we must change. >> the gun law debate renewed. democratic senator diann
department says sandy had only a minimal effect. is it true a clean number and what are conspiracy theorists saying. >>> a comment hastings made last july. what does it say about s.e.c. rules and whether they are out of date. >> mcdonald's will post same store sales on monday gets an upgrade to buy taking the forecast to a street high after surveying franchisees. we begin with november jobs number. 146,000 nonfarm jobs added last month above forecast of 80,000. october and september payrolls were revised lower. unemployment rate fell by 0.2 to 7.7. that's the lowest in four years. the dip occurring mostly because more people stopped looking for work and were not counted as unemployed. as for hurricane sandy, the labor department says the storm did not substantively impact the november results and that probably was the biggest surprise to everybody. >> this is a very strong number. i think only u.s. government now can stop this kind of job growth. a fiscal cliff go over -- >> snatching victory from the jaws. >> a superstorm. nothing can stop the generation of jobs in this economy. >> there's
reports its losses from damage and destruction caused by superstorm sandy will be $1.3 billion. it's green monday. the second monday in december is considered a critical day for retailers as holiday shoppers begin to realize time is quickly counting down to christmas. phillip streible of rjo futures is here to get us going on a monday morning. happy monday to you. > > and also to you. > it is going to be a busy week. we have a fed meeting coming up this week, and a lot of people are talking about this so-called "gold storm." what does that mean? > > what people are doing is they are looking at this fed announcement that is coming up and seeing if the fed will make any kind of adjustment to the current policy that they have in place. there is some talk that they may adjust some of the duration of the treasuries that they are looking at purchasing, so the gold market may continue an upward rise right through $1,735. really i think the next key psychological level is $1,800. > what do you anticipate from the stock market? will we see any kind of follow-through on the jobs number this week? >
sandy hook elementary. >> that campus will remain a crime scene indefinitely after friday's mass shooting. investigatessers are trying to determine why gunman adam lanza singled out the school, which he attended as a child. federallation say he fired guns at shoot -- federal agents say he fired guns at shooting ranges over the years but not recently. cbs reporter marly hall joins us from newtown with more on what's happening. >> reporter: good morning, michelle and brian. it's a week before christmas, and here in newtown, connecticut, many families aren't planning for the holidays but planning funerals and there are several planned in the weeks to come. it's back to school for the children of newtown, connecticut with the exception of the students of sandy hook elementary school. kenneth canfield is a fourth greater at sandy hook. he heard screaming and gunshots in the room he was in. >> it was being banged on by the gunman. >> reporter: kenneth and his classmates won't be returning to sandy hook elementary. when they do go back, they will attend chalk hill school in monroe. >>
say the slow down in nonfarm payrolls will reflect the effect of sandy. joining us this hour is bank of america merrill lynch global research senior research economist michelle mire and we'll talk through everything that's been happening through jobs and what to expect. but first, there is a developing story. an earthquake off the northeast coast of japan triggered a tsunami warning. the warning has been lifted, but it was a 7.3 quake. so far no reports of any injuries or damage. it was for the same area devastated by an earthquake and tsunami back in march of last year. we will continue to bring you any developments. in the meantime, steve has some of the morning's top other stories. >> let's start with the markets. asian stocks rallying to 2012 highs overnight. the nikkei edging lower after hitting a se hitting hitting a seven month closing high yesterday. european trading, shares seem to be fwllat. bundesbank announced it had cut its growth outlook for the country. in the u.s., the nasdaq snapped its losing streak yesterday with its first gain in five days. the dow was on pace for
at the hospitals affected in hurricane sandy, and i feel like i need to do the ground work to investigate that for myself. gerri: you're doing work, but not all the people you work with in washington are. some are just taking time off before the holidays when this big issue is on the plate. nancy pelosi had to say about this. >> we should be here and came as a surprise, and i'm really surprised that the republicans would leave. we maim in tuesday, and we left wednesday at twelve o'clock noon. with all that needs to be done, avoiding the conversation, sounds like people don't want to be in town for some reason. gerri: does she have a right -- are the republicans trying to avoid the conversation? >> no, absolutely not. we had a hearing this morning in the joint economic committee on this issue, but, you know, it's difficult. it's a one-sided conversation. we have put proposals out in may. there was a proposal or reconciliation bill to stop or reapportion the sequester that's going to happen on january 2nd, in july, passing a bill extending all current tax rates, additional 12 months to allo
moh's slowdown in hiring falls squarely on hurricane sandy, not on any new or widespread weakness in the economy. >> i would expect that by december, we're going to see some bounce back. much of the disruption from sandy was people simply not being able to get to work or firms not employing people that they ordinarily would have. >> reporter: friday, the government will report it's monthly snapshot of the u.s. labor market. it, too, is likely to reflect temporary effects related to the aftermath of hurricane sandy. >> we're looking for only a 50,000 gain in jobs in november, well under that 170,000 average we've seen over the past three months. >> reporter: hurricane sandy's effects on hiring may be short- lived, but experts worry fiscal cliff concerns could result in a new storm brewing for workers looking to land a job in the coming weeks. suzanne pratt, "n.b.r.," new york. >> tom: citi and the financials lead the way higher on wall street, helping the dow top 13,000 again. but a big drop in apple shares kept the nasdaq from gains. by the closing bell, the dow was up 82 points,
number because of hurricane sandy. what do you think about that? > > i think the market will dismiss a weaker-than-expected number because of hurricane sandy and the distortions that it has and look more toward next month, or january's report, that we will get. so, i think they will let it slide. but it should be weaker than expected. i think that is expected by the market, so it shouldn't be a surprise. > goldman sachs has a call out that we will see a renaissance in commodities. are you bullish on any particular commodities here? > > i am bullish on the agriculturals, for reasons of which the supply and also the growing drought that we had this past year, the continued conditions that make for dry growing season next year as well. so i think from a supply/demand standpoint, yes, i think agricultural. the other thing i like, commodities in general, is when the fed's buying $85 million a month worth of treasuries, i think you are going to have to like commodities. > what is your play on the dollar? > > i would have expected it would have had a little more strength this year, especial
sandy, but as drivers rush to replace them, you may be forced to pay a higher price. >> huh. a car salesmen or congressmen? who do americans trust the least? the new numbers and lou dobbs taking up that up. >> how apple is expanding its empire into the crib. >> my goodness. there's little siri there and little macbook. goinged to floor of the new york stock exchange, and, lauren, economic data, down just a little bit in the red today, down 22 points 37 >> yeah, it is the first trading day of the new month. december, a strong month historically for the stocks, but there's a push and pull going on between market forces and the economic data, and we're in the red across the board, relatively flat this monday morning. the data, u.s. manufacturing activity last month lowest level since the summer of 2009, but then we got a construction spending report that was good. in october, it rose by the largest amounts in five months, and then we got auto sales throughout the morning, and while they were decent, gm, toyota, and chrysler missed november's estimates, but ford beat them. that's the d
. if that included super storm sandy with it says was the biggest response and five years. if the red cross reports does not include the response to the sandy hook school shooting in connecticut. but the report enclosed a response to the theater shooting in or rock, colorado and the sikh temple shooting and wisconsin. the red cross says that throughout 2012, it opened more than 900 shelters and have more than 100,000 people forced from their homes. >> analysts say that 2012 holiday season was the worst for retailers is 2008 financial crisis, which sells a growth far below expectations. what chains like wal-mart and gap eat are thought to have done well, analysts expect much less for retailers such as barnes and noble and j.c. penney. experts say that the holiday slump is due to parts of the super storm sandy and rising concern about the fiscal cliff. they say sales rose 0.7% this holiday season compared to a 2% increase leisure. >> netflix's c. ito reed hastings pay with the double to $4 million next year, after he took a pay cut due to the management missteps and this year. hastings pay will inclu
storm sandy appear to be passing. new claims fell by 25,000 in the week ending december 1 to a lower than expected 370,000 requests. that's raising hopes about november's jobs data, which is due out tomorrow. grey, and christmas says u.s. employment firm challenger, grey, and christmas says u.s. companies annnced 57,000 job cuts last month. separately, the number of planned job cuts rose 20% in november from october's levels. on wall street, the dow rose 39 points, but the nasdaq added 15, the s&p up nearly five. >> reporter: i'm erika miller in new york. coming up tonight, we'll talk to the c.e.o. of kitchen store sur la table and get his outlook for holiday sales. >> tom: lots of theatrics today, but few visible signs of progress in washington towards a fix for the fiscal cliff. the only hopeful sign is that republicans and democrats are talking privately again. but they haven't worked out any of the big issues, including what to do about the nation's debt limit. washington will hit its borrowing limit early next year, darren gersh has the latest. >> reporter: sitting around the ki
, two little sandy hook boys laid to rest in emotional tribute. a heartbreaking mother's salute, saying the sky is crying. th this, as the rest of the students in newtown head back to school. we're live on the scene. >>> winter weather slam. 100-mile-per-hour winds slam the northwest. this tree lands inches from a baby's crib. now, blizzard warnings up, as a major storm is set to snarl holiday travel across the northwest. sam is tracking it all. >>> and two of the most famous stars in the world say "you're the one that i want" again. >> why don't we do a whole album? >> that's a terrific idea. >> travolta and newton-john, reuniting for the holidays. only on "gma." >>> good morning, america. hello to robin, recovering at home. elizabeth vargas is here. so much of our attention is still on newtown. more funerals are planned for today. >> it's unclear when the elementary school survivors will be able to go back to the classroom. this school in a nearby town is being readied for them by volunteers. and teachers have already been meeting to find a way to start this normal routine for them ag
inspired the nation." >>> the man accused of walking into sandy hook elementary school in shenandoah county, virginia with a two by four will be in court. the incident happened last week in strasburg. 33-year-old christopher johnson wrote high-powered rifle on the board. police say he made general statements about school safety. nobody was hurt. johnson is now charged with disorderly conduct. >>> today is the first day of the nation's gun show in chantilly. protesters plan to be out in full force. the group code pink is preparing to demonstrate outside the dulles expo center. do you remember this? this was at that nra announcement. the group interrupted that conference last week and say they want stricter regulations when it comes to buying guns. >> rules on gun shows are very loose. and feeling is that this is not a sane way to protect you and me and our kids. >> despite the protests, gun stores say they've actually seen a huge increase in sales because many fear stricter regulations in light of the newtown school shooting. >> 6:05 is our time now. we're a little more than 48 hours away if
this track ♪ >> we'll take you to the concert that raised nearly $30 million for superstarm soorm sandy reli. "the newsroom" starts right now. >>> good morning. car roll is off today, i'm don lemon. breaking news out of afghanistan, just a short time ago a suicide bomber detonated a vehicle outside the gates of kandahar airbase. defense secretary leanne panetta had been there, traveling there but he left hours earlier. not clear if the attack was tied to his visit. there are initial reports, though, that several coalition soldiers were wounded along with as many as ten civilians. we'll keep you updated on that attack here on cnn as we get new information. >>> and also new this morning, there are details out of the man behind the shooting rampage in oregon and the tragic aftermath of his rage. and we now know more about his victims as well. this is 54-year-old cindy ann yuille. she was a hospice nurse and family say everybody's friend. steve forsyth had two children and loved to coach kid's sports. the 45-year-old businessman had a zest for life, a wicked sense of humor and never said a bad w
to school. all, except, of course, sandy hook, which police say could remain a crime scene for months. up to 100 volunteers in the neighboring town of monroe, are hard at work getting this unused middle school ready for sandy hook students to attend. it could be ready this week. but there's no word on when classes will resume. >> definitely, at the very least, want to give the children the opportunity to see their new school and to be -- as comfortable as they possibly can in that new area. >> reporter: meanwhile, the first two victims were laid to rest on monday. jack pinto, the 6-year-old boy who loved the new york giants, was buried in the jersey of his favorite player, victor cruz. >> his favorite team was the giants. he talks about how good he is. and i'm with him. he's really good. >> reporter: jack's friends from the wrestling team honored their friend by wearing their little uniforms. just a few miles away, white balloons. a symbol of purity and hope line the street for another funeral. this one for 6-year-old noah pozner, who was remembered for his love of super mario brother vid
, conn. a mass shooting at sandy hook elementary school. we are now learning there are at least 26 fatalities, eight adults, 18 children. there is no active shooter at this time, as we are hearing. the gunman took his own life. state police have cleared the scene. we are moments away from a police news conference at the school. we will take you there when it happens. the justice department reporting to hand guns were recovered at the scene. a block and a six hour. no terrorist connection at this point. the same producer. the gunman was dressed in a military like outfit wearing black beady use in the military best there are reports of a second %-confirmed as of yet.not been law-enforcement sources saying there is no motive at this time. white house press secretary is saying last our president obama was notified about the shooting might deputy national security advisor john brennan. the white house is still waiting for more information about the incident, but the president is receiving regular updates. the president might address the nation regarding this incident. we have not confir
sandy. dennis: you might really believe easily that story and as we do oil. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. dennis: time to make money with charles payne. he is good at it. we're looking at a battered retailer, j.c. p. charles: i am calling a reality rally. the reality is ron johnson we all know came in. he was a rock star at avalanche he is going to turn this whole thing upside down and reinvent the department store. forget sales and promotions, that is not how you do it. he has never been in a j.cc penney and it is a lot harder than selling apple products. stock has had a huge roll up, it went and got hammered and has been coming back and the law firm there saying they got their act together, jpmorgan, they're bringing back this discount, they're bringing back promotions, they have a friend and family thing. this
noise in this report. early thanksgiving, hurricane sandy. is this rally at the end of the day having anything to do with any anticipation of the jobs report? what are you looking for? >> no, i don't think so. we're looking for almost exactly half. we had 171,000. the consensus is 85 to 90,000. we're looking at half. i understand that, you know, superstorm san difs a horrible event, and i am sure it's going to take some jobs out, but it's going to also be a bit of an excusetrending well. i'll give you an example. wells fargo gallup does a small survey. on hiring, small businesses dropped to the lowest level of opt miimism in four years. it doesn't matter what ben bernanke does. i think his programs have long since not really helped the employment side, but the fiscal cliff is doing obvious damage. that's going to make what everybody knows is coming. we ran out of two years to sell. they're going to go from a twist to outright purchases. it's fully built into the market, but it isn't going to help. the fiscal cliff is going to do more damage to the psyche of job creation than anything
billion worth of advice from our market panel, bill greiner and sandy lincoln. but first, let's talk to rich edson and, rich, you know, you're looking at a situation at the moment where you have the president saying we're close, but no deal. you have senator mitch mcconnell on the republican side saying close, but no deal. leads me to ask, what about joe biden? our vice president? he's the one who kind of brought things together in the early morning hours. >> reporter: he did, and mitch mcconnell called vice president biden, and they were hammering out a deal almost to the point where the senate minority leader said when he woke up this morning he thought they did have a deal, at least on the tax portion. republicans saying they have worked out and reached agreement on the tax issues, the problem are the automatic spending cuts, the $94 billion known oz the sequester throughout 2013. the white house wants to pull back on those cuts, republicans want to replace those cuts with other cuts. first, let's take a look at what they've agreed to. this is the framework on taxes. it exempts in
as adp misses estimates. the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal. as i've been telling you we'll see a lot of big deals -- i was wrong. here we are. freeport mcmoran buying not one but two companies. the combined price if you add it all together gets close to $20 billion. that does include debt. let's go through some of the details. it's somewhat complex. let's start with bigger of the two deals. freeport's purchase of plains. approximately $6.9 billion in total now. it's a cash and stock deal. .6531 shares and 39 bucks a share in cash. that adds up to $50 a share. that's a fairly significant premium when we look at where pxp, that being the ticker symbol in
in october and retail sales, i think because of sandy it is going to be over. november and december will be great month for the consumer. i do have hope. i don't think we're going to boom. we won't grow 4% we will grow between 2% and 3% real growth next year in 2013. fiscal cliff even with the fiscal cliff. dave: you and i agree with it will take to get the economy growing stronger because we are like-minded with that. you don't like the economic policies the president is proposing. dozen there come a time when those economic policies to stifle the economy and strip it up? >> absolutely. when we look back in history 1970s had big growth in government and when you have big spending like we do today you get weaker growth. france for 40 years has grown numb to% real gdp and 8% unemployment. they think it is normal. the good news is america doesn't think it is normal and you have to keep pounding the table that this isn't normal. it is not good. so do i. the only way to get back up to good growth is to cut the size of the government. i still believe we have eight to ten years even on th
above expectations. 146,000 jobs added in the month of november. sandy did not have that much of an impact on the numbers. unemployment fell to the lowest level in nearly three years to 7.7%. more people stopped looking for work, all together. consumer sentiment, not as strong heading into the holidays. preliminary index actually fell in december. economists had to look for a slight increase. investors continue to get out of apple. the tech giant having its worst week since they of 2010. apple is in they are barking territory. shortly after the iphone5 came out, part of it in the near profit. let's get to the floor show. bobby, i want to start with this jobs number today. the labor department says no affect on sandy. there was some data that pointed to the fact that people were leaving the workforce because of sandy. >> the numbers speak for themselves. i do not think the full effects can be known until maybe a couple of weeks. there certainly are people that cannot go to work and have been laid off because businesses are out. there are all sorts of new jobs that have sprung u
. >> you have a combination of 11 year old age of autos, destruction of -- by the way, sandy was an auto destroyer. loss of life. horrible. terrible. it also took out many more cars than people realize. you have to pump overtime to be meet the demand. >> we're still adding up sandy and figuring that out. we're far from figuring that out. hundreds of thousands of automobiles. where are we? 15 plus at the end? >> it's possible. 15. it puts people to work in the country. they don't just add in mexico. mexico is booming. fabulous moment for mexico. they will add in this country too. >> there's talk that their share of the market in the northeast, the big three, is not as high as it is in the rest of the country. we live in part of the country where incomes are higher. you may see better numbers out of bmws and mercedes. >> i don't know the percentage that's brought into the new jersey, new york area, the ones that you always see when you go over a bridge and you look down and this is new york -- i don't mean to be too centric. the foreign cars have to replenish quickly. american cars have to
sandy and anxiety over the fiscal cliff affecting job growth. adp showing the private sector created 115,000 positions last month. the expectation was about 125,000. it comes ahead of friday's key employment report and to talk about that and more, our senior economics reporter steve leisman joins us from washington. steve, we'll talk about your interview with secretary geithner in a moment but let's talk about those economic numbers. what about today's, what about friday's? >> before i get to the adp number, i have new information i've been able to report on the way down here from new york. that is, be prepared on friday for potentially, especially in the household survey that creates the unemployment number. be prepared for potentially big sandy effects. let me tell you why. we had an early thanksgiving this year. 11/22. the 22nd of the month. what happens on those kind of years is that the bls moves back the survey week from the 12th which is the normal survey week in this case, to the 5th. what was the fifth? it was the week that really the worst effects of sandy in terms of people no
, outside the wake of sandy hook elementary principal dawn hochsprung. and there was this. hundreds of firefighters standing at attention at the funeral of 7-year-old daniel barden, who wanted to be one of them when he grew up. today, vice president joe biden will begin meeting with law enforcement officials to discuss how to prevent another tragedy like newtown. we're going to have more on those talks coming up in just a moment. >>> and new concerns about marijuana and prescription drug use among teens this morning. a new survey finds 23% of high school seniors now admit smoking pot in the last month alone. 7% say they smoke it every day. and 1 in 12 teens now admits to using the stimulant adderall, which treats attention deficit disorder. a significant increase from just three years ago. >>> and finally, a $500 million mystery this morning after a whole lot more than a prayer was left at jerusalem's holiest of sites. a visitor at the famed western wall found an envelope, you guys. it was filled with more than 500 checks, each written for $1 million. the checks were signed but not
superstorm sandy. gore calling on the president and congress to act and act now. that may mean a carbon tax? however, listen to this, a study from colorado state university says the exact opposite. that sandy was not caused by climate change. we will talk about all that in a moment. plus, you want proof that raising taxes does not work, that it doesn't bring in more money? well, in california, where they just voted to raise taxes big-time, the state is more than 800 million dollars short of the revenue it expected to bring in, because when you raise taxes, some people leave. check the big board. same old same old same old. the dow is flat, up just 23 points in the early going this monday morning. here is our company: sandra smith is with us. the conservative commentator is with us. and nicole petallides is there on the floor of the new york stock exchange. here we go, new at 10:00, the latest climate change rant from former vice president al gore. he blames pollution for causing climate change, which he says leads to huge storms like hurricane sandy. >> it is causing these extreme weather e
everything from sandy to newtown. come on. what's really stopping you from spending money? we'll have an answer, we'll also have the opening bell coming up next. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. >> thursday morning, we're expecting the opening trend to be slightly down on wall street this morning. i've got two numbers for you in the news background. number one, 361,000 new claims for jobless benefits last week. that's 17,000 more than the previous week. not a good number. 361,000 is way up there, it's a proxy for layoffs, that means that the layoff trend continues far too high for this supposed stage of the economic recovery. item two, in the third quarter of this year, that will be july through the end of september, the economy expanded at a better rate than we thought. 3.1% on an annualized basis, higher than we originally estimate
. melissa: paying the price for hurricane sandy, fema asking for more money to foot the bill. how does the federal government plan to pay for this? lori: the social networking site moving up in the world. how investors could benefit the head. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attentio which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male annouer ] humana thanks the physicians, nurses, hospitalspharmacists and other health professionals who helped achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... whicmeans better health outcomes... and more quality time to share with the ones who matter most. i
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